Answered2 years ago
What is the best way for a U.S. passport holder to show an income of 65,000 baht to the Thai immigration office?
Hi i m usa passport holder
Want to know what's best way to show 65000 bhat income to immigration office
I start getting little more then $2000 from social security and about $2000 from my 401k dividend
thank you advance
Want to know what's best way to show 65000 bhat income to immigration office
I start getting little more then $2000 from social security and about $2000 from my 401k dividend
thank you advance
Answer summary
A US passport holder looking to show a monthly income of 65,000 baht to the Thai immigration must provide evidence through bank statements. It is essential to have 12 monthly international bank transfers of at least 65,000 baht into a Thai bank account. Other income sources, like Social Security and 401k dividends, do not apply unless they are directly deposited into a Thai bank account monthly. The initial 'retirement visa' requires 800,000 baht in the bank for two months prior to applying, making the 65,000 baht requirement applicable only for subsequent annual extensions.
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Sangho *****
OPI was in Thailand since march this year with TR visa and extension and visa run now i m back to state to apply my social security and take care my 401k going back to Thailand my question is minimum
*****
bhat every month or we can average out *****
bhat 12 months i have a thai bank account since marchSangho *****
OPFirst i understood is
*****
0 bhat or *****
for month for retire visa guess not very confuse
Danny *******
@Sangho ****
As mentioned above the 65,000 baht rules is not available for your initial retirement visa, only for annual extensions.
Graham ******
@Sangho ****
no averages, a minimum of 65k per month for 12 consecutive months
John **********
The only way to show this is with statements from your Thai bank showing overseas transfers of a minimum of 65k baht for the full 12 calendar months prior to applying for an annual extension of stay. You can't use this method for either the initial 90 day Non-O visa nor the first annual extension of stay which requires 800k baht in a Thai bank for 2 calendar months prior to applying
Julius *********
Not possiable by US Embassy.
Greg ***********
@Sangho ****
the U.S. embassy in Bangkok does not issue income affidavits any more. That's why you need the 800.000.- THB deposit in your Thai bank account for the first year "retirement extension of stay permit" (the so called "retirement visa"). In order to free the deposit, you need to collect 12 months of consecutive transfers over a minimum of 65.000.- THB, clearly marked in your bankbook as coming in from abroad, into your Thai bank account, month for month. Then for the application to your next "1-year extension of stay permit", you will need a full year bank statement that you have received these funds (income) from abroad
Mark *********
My last 2 years immigration asked for my Australian bank statements to match my Thai bank statements when doing a 1 year extension of stay Retirement
Judy **********
@Mark ********
We use an agent. It may cost a little more, but we didn't come to Thailand to stress out every 90 days and then again for the yearly renewal.Ken ***********
@Mark ********
nothing surprises me anymore about Thai bureaucracy, but the request for overseas bank accounts is outside the requirements.Mark *********
Unfortunately they have a right to ask for these when using a Govt pension that's being used as funds rather than the .oney sitting in a Thai Bank then sent on to Thailand. As he asked me 20 times during the interview.... But where money come from ??? Govt to my bank on Australia to Wise to Thai Bank. Ok show me proof or no Visa. Yes I now use an agent
Von ******
@Ken **********
doesn’t stop them from asking and think we both know that if you didn’t produce them or protest that it was outside the requirements, one would find themselves without said Visa Renewal being granted. TIT. They hold all the cards and they know it.
Ken ***********
@Jacques ****
many choose to use an agent but I would rather do it myself and use the agent fee for travelJacques *****
@Von *****
use a agent and no problemKen ***********
@Von *****
very true. I do my yearly extensions in Bangkok at Chaeng Wattana and they tend to be more straightforward on the required documents.
Stuart *********
You have to have 12 monthly international bank transfers of at least 65,000 baht. What income you may receive in overseas banks is irrelevant.
Sangho *****
OP@Stuart ********
thank you for respond so fast That means i don't have to show where that money come from just show thai bank statement is that right
Tony **********
@Sangho ****
correct. But to get the non-o in USA you have to show either $24k in bank account or 6 months or so of deposits of $2000. Then when you get your evisa you come here and open a Thai bank account and deposit ฿800k within the first month. At the end of 3 months, you apply for your 1ST 12 month extension based on the ฿800k. You would then either just leave the 800k or start depositing the ฿65k every month for 12 consecutive months to apply for your 2ND 12 month extension. This means you would start your deposits BEFORE your 1st extension application.Judy **********
@Jacques ****
You're talking about the non-legit way. You may be confusing the issue by giving this advice.Jacques *****
@Tony *********
illegal means jail time. Is it jail time for me? I dont think soJacques *****
@Tony *********
let talk about illegal and legal. It is accepted practice. Im ok with that.Tony **********
@Jacques ****
even if it's done through a law firm, it's still illegal even if it's accepted practiceJacques *****
@Tony *********
even if its Siam Legal the biggest agency in thailand? Stop itTony **********
@Jacques ****
and you have no say in what bank and what branch. If the bribed immigration officer who provides the false pretense visa gets busted then every visa they approved could be reviewed for correctness. Getting off the agent train can also be difficult since they have connections in both immigration and the bank branch. You can go that route if you choose. Just be sure you understand the risks. And you have to do it again in 90 days for the 1st extension.
Nick ************
@Alan ******
you have to meet the requirements of your first extension while, at the same time, make the monthly deposits. IE, 800k baht in bank for three months after extension granted then must not go below 400k baht for the rest of the year. Whether you make it up to 800k again 2 months before next application just in case something goes wrong with the monthly payments us up to you. That is what I am doing.Jacques *****
@Tony *********
but if you just show up without a visa and go see an agent and pay them they will open your bank account. put the 800,000 baht in and get the retirement visa same day…. Then they take it out right away and your ready to go. Correct me if im wrongTony **********
@Alan ******
yesGreg ***********
@Alan ******
correct
Alan *******
@Tony *********
am I correct to say that you still have to keep the 24k in the account for another 3 months after the 1st extension is received, regardless of making the monthly deposits towards the 2nd extension
Jim ********
@Sangho ****
I was actually asked earlier this year at CW to show my pension statement. First time ever in many years. They took a copy and said it is for "tax reasons". It could be with the changes to taxation laws in Thailand they will notify the Thai Tax Office that my income is from a pension, which therefore means it's not taxable. I don't know of anyone else who has been asked, but other retirees I know are switching to DTV as there's no financial criteriaJim ********
@Rob ********
Correct. I'm referring only to my own pension
Rob *********
@Jim *******
not all pensions are tax free in Thailand.Activity
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